Sky


Sky urges shareholders to accept Comcast offer

Sky has advised its shareholders to accept Comcast’s $39bn takeover days after the US telecom giant’s knockout bid for the business. In a statement released on Monday (24 September), Sky said: “As the price of the Comcast Offer is materially superior, it is in the best interests of all Sky shareholders to accept the Comcast […]

Fox extends offer for Sky as auction deadline looms

21st Century Fox has extended its deadline for Sky shareholders to accept its £14 a share offer for the company until October 6, following a similar move by rival Comcast next week. Fox’s move sets the scene for a sealed auction to kick off after the September 22 deadline for Fox to raise its bid. According […]

TBI Weekly: Sky and Channel 4 deal is clear sign of the times

Sky and Channel 4’s content-sharing deal earlier this week signalled the beginnings of closer collaboration between UK broadcasters in a shifting domestic landscape. Under the deal – which is the first of its kind for Sky – July’s Formula 1 British Grand Prix is to air live across both Channel 4 and Sky. C4 will […]

Mediaset to sell pay-TV service to Sky

Mediaset is moving towards a sale of its pay-TV unit Mediaset Premium to Sky before the end of this year, according to CEO Pier Silvio Berlusconi, who has also said that the media group is working towards a broader pan-European alliance or combination. Speaking to Italian press at the launch of the new season of […]

Sky, Channel 4 join forces for Formula 1


Sky and Channel 4 have struck a content partnership that will see the broadcasters sharing Formula 1 rights and select dramas. The commercial deal, which is the first of its kind for Sky, will see July’s Formula 1 British Grand Prix airing live across both Channel 4 and Sky. C4 will also air Formula 1 […]

Sky ups startup focus with Berlin and Tel Aviv investments

Sky plans to open a new office in Berlin and invest US$4 million in an Israeli VC fund in a bid to scale up its startup investments across Central and Northern Europe and Israel. The Berlin office will give Sky a local presence among the city’s growing startup scene and allow it to build relationships […]

Disney must offer £14 a share for Sky, says UK’s takeover body

The UK’s Takeover Panel has confirmed that Disney must offer at least £14 a share for Sky if its upcoming acquisition of Fox assets is completed. If Disney completes a deal to by 21st Century Fox’s TV and film assets, which includes a 39% stake in Sky, it will be forced to make an offer […]

Fox posts offer note for Sky deal

Twenty-First Century Fox has put in an offer document and form of acceptance for its £14 a share offer to buy Sky. The move sees Fox temporarily table plans to make a higher bid than Comcast’s £14.75 offer. The deadline for Fox to set out a revised offer document is September 22. Sky has acknowledged […]

Sky to increase drama investment by 25%

Sky reported strong full-year results for its second quarter and revealed its plans to increase drama investment by 25%. The company reported revenue and EBITDA gains, half a million new customer additions over the period, and TV churn in the UK and Ireland at its lowest level for a decade. Announcing figures for the 12 […]

Comcast drops bidding war with Disney

Comcast has dropped the bidding war with Disney to acquire assets from 21st Century Fox and will instead focus on the acquisition of Sky. “I’d like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company,” Comcast chairman-CEO Brian Roberts said […]

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